What are your thoughts about the recent surveys conducted by the I-T department at Bitcoin exchanges across the country. Do you see it as an attempt by the authorities to exercise unnecessary control and undermine the free spirit of Bitcoin.
I would say its good move , the companies has proper registration and validation will not have to worry , as IT dept. looking for Black money holders who parking huge amount of money in BTC to hide it , they scrutinize exchange that's good , catch the culprits who evading tax and clean the rest . Its their Job to find out the tax evaders so they did raid , in my opinion there nothing to worry about if you are clean and filing return for your investments .